A report finds that a two-key breach could allow hackers to gain control of $91 billion in USDT. The finding highlights potential security risks in stablecoin custody infrastructure.
Isar Aerospace reached orbit on its second test flight as the German rocket startup looks to scale production. The company cited booming satellite launch demand.
Stellantis announced the appointment of Arnaud Belloni as CEO of the FIAT, Abarth and Lancia brands and Chief Marketing Officer for Europe. This is a leadership change within the company.
Australia's Treasury warned that the country risks missing out on the economic benefits of AI unless businesses move beyond basic use and make larger operational changes. The statement highlights a gap in AI adoption relative to other economies.
Aon's CEO said the acquisition of rival USI Insurance Services will create the premier U.S. middle-market insurance platform. The deal is expected to strengthen Aon's position in the middle-market segment.
CollPlant Biotechnologies has signed a definitive agreement to acquire Israeli deep-tech company LightSolver. The acquisition is expected to close later this week.
Eli Lilly has agreed to acquire Merida Biosciences, a biotech company focused on precision therapeutics for autoimmune and allergic diseases. The deal is valued at up to $2.875 billion.
Teladoc Health has appointed Michael Grasher as Chief Financial Officer, effective immediately. Grasher previously served as CFO of IFG Companies and held senior finance roles at Fortegra.